New Delhi, July 4 -- America turned 250 on Saturday, 4 July, marking a quarter millennium since the Declaration of Independence proclaimed the break of 13 colonies from British rule.

Yet, as the US celebrates this milestone, there is perhaps more soul-searching than triumphalism. The country remains deeply polarized. The US-Iran war-or perhaps, depending on the latest developments, the uneasy peace that followed it-has hardly enhanced America's standing. President Donald Trump's approval ratings have slipped. And fresh financial disclosures have revealed that Trump earned at least $2.2 billion during his first year back in the White House, including about $1.4 billion from his family's cryptocurrency ventures.

"Mr. Trump's profits are a...